Several investors have increased their exposure to equity funds despite the pandemic and ensuing lockdowns.
Cafemutual’s ‘Mood of the Mutual Fund Distributor’ survey, which covered 361 financial intermediaries including mutual fund distributors (MFDs) and registered investment advisers, shows that 38 per cent of the MFDs say their clients have increased exposure to equity funds since March 2020. Only 16 per cent of the MFDs said their clients have become risk averse post the outbreak of covid-19. Another 46 per cent have not incorporated any change to their investment portfolio.
Flexi-cap funds are the current favourite among investors, with 43 per cent